Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s. How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.
Henry Ford greatly contributed to the American people. He should be classified and remembered as a Captain of Industry because of his industrial contributions such as the revolutionization of how people used transportation and by helping increase the economy through his 1908 Model T automobile. Henry Ford set great examples for other businessmen with his creation of the assembly line,making the production of industrialized goods faster and easier. Henry Ford used tactics to build his empire such as making the Model T affordable for everyone,good wages for his labor, and buying out other shareholders. With his great generosity and acts of philanthropy,he paid his employers more than average and also supported the people(affordable prices).
(“Weber, Austin”) My opinion about this is that Henry ford was an important guy during this time because of his inventions and things that he did like the 40 hour work week, was an important change and had a dramatic impact on the American culture reducing the hours of work from employees and the first t model car, had an impact on the American vehicles management because it became the first global car and it was affordable and better, and also the moving assembly line car production make this things easier for the workers to and have more time to be free than to be in the work, the minimum wage of 5 dollars per day was good because after a day of work you get paid not less than 5 dollars because it was the minimum and for that time five dollars was more money than it is now, Henry ford was major character during this period of time because he helped and he also illuminated the American culture with his wonderful inventions and
Ford's desire to help the masses and his want for peace and prosperity to America are what framed the groundwork for the future world. He perfected the automobile field and created a stable workplace for many Americans. His perfection of the assembly line, and the legacy of Ford being an economically practical car are still what the Ford brand is known for today. Henry Ford's wish for his car to be all around the world at a reasonable price is a legacy he left behind and is still being accomplished to this
Henry Ford is considered to be a hero to some, and a villain to others. Henry Ford was born on July 30 in Springwells Township Michigan. Ford was an American industrialist, business magnate, and Ford Motor Company founder. Henry Ford was one of the most influential industrialists in history. He invented the Model T, an affordable, simple-to-operate, and durable vehicle that changed how we manufacture not only cars but all types of goods.
Henry Ford knew he was an honest man, with morals and values, and chose to defend himself in court. The lawsuit gained a lot of attention from the media, and, as Henry Ford said, “Probably nothing so well advertised the Ford car and The Ford Motor Company as did this suit.” !!!! Despite Ford’s initial lack of success in business, Henry Ford proved to be an effective business leader. “The Ford Motor Company was one of only forty-four auto companies that survived the stock market crash of 1929.” !!!! In Henry Ford’s lifetime, more than 15,000,000 Model T Fords were manufactured and sold.
Henry Ford, Robber Barron or leader of industry? Henry Ford was a young entrepreneur from Michigan. Ford was raised on a family farm and was no foreigner to hard work would grow up to create Ford and Cadillac car companies and all that they entailed. This would include perfecting the assembly line. Though Mr. Ford is well known he is known in two different fashions.
Henry Ford was a very great man who innovated car production. He had many life achievements that were completed and he was looked upon by many people. His legacy is so great it lives to today as one of the best car manufacturing company. Ford believes that people should keep trying harder to achieve their life goals like Henry did. Henry believes “Failure is simply an opportunity to begin again; this time more intelligently” and I believe this
He set the standard for a respectable and smooth running company. He is credited with mass producing the first widely available and affordable automobile, the Ford Model T. It was a cheap and easy to produce alternative to older automobiles, that were almost exclusively owned by the rich and elite. This allowed for everyday men and women to have the luxury that only the wealthy had before this time in our nation’s history. He is most recognized for is his implementation of the assembly linee, and of the first to create such a time and cost efficient process for making and selling automobiles.
Henry Ford played a major role in the economic and social changes that occurred in the 1920’s. In 1903, Henry Ford created the Ford Motor Company. He is known for making an inexpensive car made by skilled workers. He was able to make automobiles less expensive by inventing the moving assembly line. Instead of one worker building a car start to finish, each worker was in charge of building a specific section.
He began the Ford Motor Company and used the assembly line. The assembly line allowed for fast and easier work. But most of all he created an affordable car for all. His goal was to create an affordable car that the average working man could afford, because all the car that were already produced were not affordable and were very expensive. This allowed for everyone to own a car rather than just the rich.
He would always say “Don’t find fault, find a remedy”. He mastered the assembly line techniques for mass production. One of his more famous quotes is “There is one rule for industrialist and that is to make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” Henry Ford is seen as an inspiration to most businessmen because he never accepted failure, and was a great innovator of his time. He paid his workers the highest wages around at the time, and he made a tremendous impact in the 20th century by making automobiles practical and affordable for everyday people instead of just the upper class.
I prefer to answer the following questions on Henry Ford, he is known for several establishments. Henry was an American industrialist, the organizer of the Ford Motor Company, and the patron of the improvement of the progressive construction system procedure of large scale manufacturing. He also created and made the principal car that many working class Americans could manage. As the proprietor of the Ford Motor Company, he got to be distinctly one of the wealthiest and best-known individuals in the world. Ford left the greater part of his unlimited riches to the Ford Foundation and masterminded his family to control the organization forever.
Henry Ford was an entrepreneur who founded the Ford Motor Company in June of 1903 and grew it into a very successful business. He achieved this through free enterprise, an economic system which places few restrictions on business activities and ownership. This system allowed Ford to begin his company without restrictions from the government either preventing him from establishing it or from limiting his success. It not only helped Ford to achieve his goals in business, but it has also helped many other entrepreneurs as well. The free enterprise system has been a necessary component in allowing people, such as Henry Ford, to start, grow, and own their own businesses.
This was life in 1910. Henry Ford is the creator of many things and that 's what we will be talking about in this speech his greatest inventions like the assembly line the millions of his great model cars and his ever famous trade mark company Ford.
